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Sarb swoops on Mzi Khumalo’s assets

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Mining magnate Mzi Khumalo has finally been hit with a R1bn order of forfeiture by the Reserve Bank for flouting exchange control laws.

Glencore buys into Optimum Coal

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Optimum Coal says that a unit of Glencore International, the world's largest commodity trader, has bought a 14.1% stake in it.

Num condemns Lonmin community deal

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Lonmin's agreement to employ only locals at its Marikana mine in Bapong promotes xenophobia, says the National Union of Mineworkers.

ANC Youth League braces for leader’s trial

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The ANC Youth League is planning to support its leader Julius Malema, who has galvanised legions of poor black supporters, at a disciplinary hearing this week that may lead to his suspension.

Malema’s demise will change mining debate

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The nationalisation debate will probably head into a new direction when the dust settles over the disciplinary hearing of ANC Youth League President Julius Malema.

Illegal miner dies at Grootvlei

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A man has died while he was mining illegally in Springs, east of Johannesburg, says Gauteng police.

Shabangu to give charter verdict soon

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Mines minister Susan Shabangu will soon give her assessment of industry progress in reaching the objectives of the Mining Charter.

Optimum Coal confirms bid interest

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Optimum Coal Holdings has confirmed it had received expressions of interest from unnamed third parties.

Nationalisation not a cure-all for SA’s ills

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Cosatu has cleared the air about its stance on nationalisation considerably by giving its full support to the views of the National Union of Mineworkers.

Optimum Coal shares climb as Glencore circles

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Optimum Coal is standing at the centre of bid interests in South African assets, having confirmed receipt of more than one takeover approach.